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Lake County Gazette

Thursday, December 19, 2024

Wauconda home prices rise in May 2017

Realestate2

The median sale price of a home sold in May 2017 in Wauconda rose by $58,750 while total sales increased by 211.1%, according to BlockShopper.com.

In May 2017, there were 28 homes sold, with a median sale price of $218,750 - a 36.7% increase over the $160,000 median sale price for the same period of the previous year. There were nine homes sold in Wauconda in May 2016.

The median sales tax in Wauconda for 2017 was $6,246.01. In 2016, the median sales tax was $5,865.40. This marks an increase of 6.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Wauconda to other Lake County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Third Lake4333.3%$256,500$210,00022.1%
Volo63100%$255,750$275,000-7%
Grayslake534517.8%$235,000$194,00021.1%
Gurnee655616.1%$228,000$212,7507.2%
Lake Villa1921-9.5%$220,000$234,000-6%
Wauconda289211.1%$218,750$160,00036.7%
Lindenhurst392277.3%$208,888$151,45037.9%
Gages Lake11110%$197,900$190,0004.2%
Antioch2425-4%$196,500$198,500-1%
Fox Lake Hills7475%$194,000$132,50046.4%
Round Lake342161.9%$184,500$166,00011.1%

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